The element that makes lithium-ion batteries and thus electric cars so expensive.
Classification: Non-Ferrous Metals
Global production: 140,000 metric tons p.a. (2020)
The biggest source of cobalt at the moment is the .
Cobalt is often extracted in both large industrial mines and also dug by hand using basic tools.
Most cobalt is produced as a byproduct of the processing of and ores.
Finland is home to Europe’s largest cobalt refinery.
In China, the the majority of the world’s cathode and battery production takes place.
Cobalt might be shipped to Finland before heading to China.
Cobalt can travel from a mine in the Democratic Republic of Congo to the automaker.